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Branston sold to Japanese vinegar maker for £92.5m

Premier Foods is selling the Branston sweet pickle, ketchup, mayonnaise and salad creams to Mizkan, marking the second deal between the companies this year. In June, Premier Foods sold its Sarson ... of brands from the portfolio. The deal for Branston Pickle also involves Premier Food s factory at Bury ...

Chinese firm acquires majority stake in Weetabix

China's state-owned Bright Food company has taken a controlling interest in Weetabix...Bright Food announced today (4 May) that it had acquired a 60% majority stake in the Weetabix Food Company. The deal values the Weetabix business at 1.2bn. As part of the deal, Bright Food has also ... extend the business into China in partnership with Bright Food." Follow John Reynolds on Twitter ...

Kellogg beats Diamond Foods to buy Pringles

Kellogg has beaten Diamond Foods in the race to buy Procter & Gamble (P&G) snack brand Pringles...Kellogg purchased Pringles after a similar deal between P G and Diamond Foods fell through because of accounting issues and executive changes at Diamond Foods. Kellogg's acquisition of Pringles will help it in its plans to become a global player in snacks, as it is in cereal foods. P G and Diamonds Foods ...

Premier Foods sells off ready meals arm for £30m

Premier Foods has finally managed to offload its loss-making ready meal arm, Brookes Avana, which...Premier Foods, the maker of Branston pickle, Oxo and Hovis, has been trying to sell the division since June. Brookes Avana makes own-label chilled foods, cakes and pudding and was a key supplier ... bottom line. The sale helps Premier Foods chief executive Michael Clarke's strategy of streamlining ...

Starbucks enters juice market with $30m acquisition

into the growing demand for healthy food and drink.

Rachel's food company sold to French firm

last month, when private equity owner Dean Foods put the company up for sale with a 20m price tag. ...

 

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